What is fancy?
lets be specific because MIT aint UGA and UGA aint Alabama State, and Alabama state aint Shorter College
A school with no fancy name. Honesty the social status of schools needs to be dropped already
What is a “regular” school to you lol
I don't hire as much as I used to but when I did I only considered school if all other things were equivalent between the two candidates. I also instructed recruiters and phone screeners not to screen on a degree in general unless a candidate had 0 experience.
So I'm 100% behind social status of school or degrees in general being dropped.
But reality is in Silicon Valley Stanford, MIT, UC Berkley, Carnagie Mellon, UPenn, UT-Austin and a few others reign supreme. And alumni from that school are generally better funded, more connected/networked and tend to hire other alumni at their startups, FAANG, whatever. They are the gatekeepers.
I worked with a c.melon alumni VP of Engineering that would pick c.melon interns, hire c.melon grads and even prioritized an integration because the founders dad was his professor at c.melon.
So when I say 'good' vs 'regular' that's the lens that I'm looking at it through. A Stanford or MIT CS grad is going to have a job waiting for them at the end of their junior year. Strictly off their network. Stanford was pivotal in establishing 'Silicon Valley' as we know it. The Stanford grads from 60 years ago hired other Stanford grads to work with them and replace them. That cycle is still happening today. Rinse and repeat.
That's what you're paying for when you go to a top tier University. The alumni network. The content at Stanford vs UGA is not going to be much different. Especially in CompSci where funding/endowments don't matter as much. (though they do impact class size). "The hardest part about going to Harvard (Stanford, MIT, insert top tier university here) is getting into Harvard" is a saying for a reason.
A UGA (or any other big public university) or HBCU grad is going to have to interview for it. The network might be as expansive but not as widely in the places where it matters (hedge funds, pe firms, board of directors, leadership, hiring managers etc)